This property could be a profitable Long-Term investment with a projected 42.99% first-year return on $17,556 initial cash invested.
42.99%
Cash On Cash
16.75%
Cap Rate
2.57
DSCR
$1,672
Rent
$629
Cashflow
Cash Flow
$1,672 income − $1,043 expenses = $629 cash flow
Investment Breakdown
|
Purchase Price
$83,600
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$17,556
Downpayment
20%
$16,720
Closing costs
1%
$836
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,672
Total Expenses
$1,043
Mortgage P&I
27%
$454
Property Taxes
3%
$53
Home Insurance
6%
$101
HOA
0%
$0
Property Management
10%
$167
CapEx
5%
$84
Vacancy
6%
$100
Maintenance
5%
$84
Other
0%
$0